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This property looks like a bad Long-Term investment with a projected -14.58% first-year return on $124k initial cash invested.
-14.58%
Cash On Cash
3.26%
Cap Rate
0.54
DSCR
$3,060
Rent
-$1,502
Cashflow
$28,560
Annual
$2,400
Median
$2,354
Avg
25
Samples
Rent insights and distributions
Cash Flow
$3,060 income − $4,562 expenses = $1,502 out of pocket
Investment Breakdown
|
Purchase Price
$589k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$124k
Downpayment
20%
$118k
Closing costs
1%
$5,885
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,060
Total Expenses
$4,562
Mortgage P&I
96%
$2,949
Property Taxes
20%
$609
Home Insurance
7%
$208
HOA
0%
$0
Property Management
10%
$306
CapEx
5%
$153
Vacancy
6%
$184
Maintenance
5%
$153
Other
0%
$0